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Apple Overhauls Leadership Ranks To Move Beyond iPhone

PYMNTS

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Appleā€™s moves come at a time when demand for its iPhones is starting to slow.

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Will Bank Wealth Managers Miss the Golden Opportunity?

Gonzobanker

New approaches to talent and technology are needed to address changes in the wealth management business model. As banks experience rate volatility and future increases in their costs of funds, businesses that drive noninterest income like trust and wealth management will be more important in creating franchise value.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. Whatā€™s on the horizon for retail banking? According to a new report from PwC titled ā€œRetail Banking 2025 and Beyondā€ (see sidebar), the retail banking industry is undergoing tremendous changeā€”but, of course, community bankers already know that.

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WeWork Gets Higher Bid For Management Startup Than Its Co-founder

PYMNTS

Managed by Q co-founder Dan Teran was in talks to buy his company back from WeWork ā€” which the office-sharing firm acquired in April 2019 ā€” but those talks have apparently fallen apart, Bloomberg reported on Friday (Feb. WeWork reportedly paid $220 million for Managed by Q last year. 28), citing sources familiar with the matter. .

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Walmart Amazon Whole Paycheck Tracker: Logistics Upgrades, New Leadership

PYMNTS

Amazon spokesperson Jay Carney was the latest in Amazonā€™s upper ranks to once again dispute the idea that Amazon is an all-controlling monolith slowly but surely taking over all of retail. At a tech conference this week, Carney said Amazon accounts for a scant 4 percent of retail in the U.S. and less than 1 percent globally.

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Argos Risk, Gatekeeper Partner For Risk Management Services

PYMNTS

Oā€™Connor said Argosā€™ technology will serve as a way for companies to properly vet others they are wanting to enter into partnerships with in the future. The program also sends out updates based on changes like lawsuits, liens, mergers, acquisitions, leadership and other changes that could affect the risk level.

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Veteran Exec Stresses Simplicity In New eCommerce Platform

PYMNTS

Fabric, a new headless commerce platform startup for retailers, came out of the gate with a head of steam on Tuesday (Aug. The product is a cloud-native platform that enables retailers to deliver digital commerce experiences without having to rely on expensive engineering resources. Shopify and BigCommerce have a new competitor.

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